Group CFO
Fides Recruitment
- R170,000 - R250,000 per month
- Permanent Executive EE position
-
Rosebank
- Posted 01 May 2024 by Fides Recruitment
- Expires in 5 days
-
Job 2563095 - Ref CFO - insurance
About the position
BEE candidates only!
Insurance industry
LOCATION: The CFO will work with group companies across the country. Can be based in Johannesburg, Cape Town or Durban.
- Financial management - Financial accounting
- Income tax compliance - Ensure tax compliance
- Funding - Manage financial commitments on group facilities with lenders
- Corporate transactions - Adhoc involvement in corporate transactions
- Corporate existence and Maintenance - Ensure compliance with constitutional documents and other relevant laws governing the group
GROUP FUNCTIONS
Consolidation of group budgets
- Manage the budgeting process for the Group
- Prepare the consolidated budgets for the Group.
Group financial reporting
- Timeous compilation of accurate and reliable group management accounts
Oversee & co-ordinate group financial management
- Manage and harmonise accounting policies of the group.
- Analyse financial reports of underlying group companies
- Oversight over financial controls at underlying group companies
- Appointment to subsidiary board companies
Oversee income tax compliance across group entities
- Liase with financial managers of underlying group companies to ensure income tax compliance in underlying group companies
Board reporting
- Compile Board packs for Group Board meetings
Audit of group companies
- Liase with group and component auditors to conclude annual audits of AFS
Consolidated AFS
- Compile and conclude unqualified audited AFS for the group
GROUP
Financial Control (over time this could be managed within company taking into account competence of staff and allocation of responsibilities)
- Monitor all bank accounts and authorise transfers and payments and ensure optimum interest generation.
- Monitor and approval salary increases and review month to month payroll
ADMIN
Financial management services on an outsource basis
- Oversee financial accounting, reporting and tax compliance.
- Assist company to comply with constitutional documents and other relevant laws governing the company.
QUALIFICATIONS AND EXPERIENCE
- CA (SA)
- At least 15 years experience in financial management and leadership
- Have led financial function in reputable and sizeable businesses
- Experience in preparing and providing monthly management reports
- Experience with audits and preparing consolidated AFS
- Experience in serving on leadership forums/Exco/Boards
- Experience in short-term insurance industry would be an advantage
Desired Skills:
- Management Reporting
- Internal Audit
- Insurance
Desired Work Experience:
Desired Accreditations:
- South African Institute of Chartered Accountant
About The Employer:
Short term insurance
Fides Recruitment
About the agency
Fides Recruitment was founded in 2008 by seasoned recruiter Brent Leeuw. In 2011 a second company Fides Placements was started to focus on Executive search and placements.
Fides is able to offer clients assistance in finding high calibre (hard to find) individuals who are too busy to source their next career move or need focused attention on what options are available to them.
Our database includes screened candidates who approach us to market their individual skill set to targeted companies, thereby aiding in their career progression in markets they are passionate about, and in areas where they are most skilled.
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